Think Research Corporation has granted 1,220,000 restricted share units (RSUs) to key employees pursuant to the its omnibus equity incentive plan, the company announced. A third of the options vest at the end of 2022, a third at the end of 2023 and the remaining third at the end of 2024. The company has granted another 255,716 RSUs to key employees that vest immediately upon grant. Additionally, Think granted 166,702 deferred share units (DSUs) to certain non-executive directors. Each DSU represents the right to receive one common share if the holder ceases to be employed as an officer, employee or director of the company or any of its subsidiaries.
Todos Medical Ltd’s majority-owned subsidiary 3CL Pharma Ltd has provided a Day 45 update from its ongoing case study of Tollovid, a 3CL protease inhibitor dietary supplement, for a patient with long COVID. The company said the patient, a healthy, 46-year-old unvaccinated male originally contracted COVID in February 2021 and has since exhibited a range of long COVID symptoms including feeling dizzy, head pressure, sleep disturbance, tachycardia, pain in his throat, and difficulty swallowing for which the subject sought treatment and diagnostic testing from several medical specialists. The subject began supplementation with Tollovid on April 28, 2022, taking three capsules, four times a day, for 10 days.
Naturally Splendid Enterprises Ltd presented its Plantein line of plant-based entrees at the Planted Expo at the Vancouver Convention Center last weekend and VP Bryan Carson says the company was pleased with its reception. “The response from attendees at Planted Expo has been exceptional,” Carson said in a statement. “The company has been receiving orders online since the show started on Saturday, and we look for growth opportunities for the business everywhere.”
Virtual Investor Conferences (VIC), the leading proprietary investor conference series, today announced the agenda for the upcoming OTCQX Best 50 Companies Virtual Investor Conference to be held on June 16. 2022. Individual investors, institutional investors, advisors, and analysts are invited to attend. The program begins at 9.30am on Thursday, June 16, and interested parties can register at: https://bit.ly/3aIwBIx. There is no cost to log-in, attend live presentations and schedule 1x1 meetings. "We are delighted to welcome ten of our OTCQX Best 50 companies participating in our upcoming Virtual Investor Conference," said Jason Paltrowitz, OTC Markets Group EVP of Corporate Services. "We are proud to highlight the impressive efforts of these companies which span a range of industries including Technology, Metals & Mining, Industrial Goods, Financials and more." Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. To view a complete calendar of Virtual Investor Conferences, investors can visit www.virtualinvestorconferences.com.
Small Pharma Inc has published its financial results for the year ended February 28, 2022, showing the biotechnology company had cash on hand of C$40.7 million at the end of the fiscal year. Small Pharma said during the year, operating expenses totaled C$18.1 million, of which cash used in operating activities made up C$16.2 million. "With depression cases on the rise globally and current antidepressants failing so many, there is a growing sense of urgency to develop entirely novel treatment approaches,” Small Pharma CEO Peter Rands said in a statement.
Mandalay Resources Corp has provided a special update on the early success of the Robinson drilling campaign at its Costerfield Operation in Australia, with highlights including an intercept of 1,780 grams per ton (g/t) gold over 0.17 metres (m) at hole RB007. The Canada-based company noted that gold was seen in two other drill holes along trend, for which assays are pending, and within two additional intercepts along a parallel trend beneath the historic Cochran Mine. In a statement, Dominic Duffy, president and CEO of Mandalay, said: "We are pleased to report the extraordinary result from the Robinson Prospect drilling campaign. These intercepts sit 2 km (kilometres) to the south of the Brown Prospect, which was the focus of our 2020 and 2021 eastern drilling campaign.”
Mindset Pharma Inc has announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for the company’s patent application number 17/387,845, titled, “Psilocin Derivatives as Serotonergic Psychedelic Agents for the Treatment of CNS Disorders.” The drug discovery and development firm said that included within this application are several drug candidates that it classifies as belonging to its ‘Family 1’, which are second-generation compounds with potential improvements compared to psilocybin in pharmacokinetics, effect size, safety, and manufacturing. “This notice of allowance marks yet another important milestone in our pursuit of creating next-generation psychedelic drugs to treat neurological and psychiatric disorders with unmet needs,” Mindset Pharma CEO James Lanthier said in a statement.
AEX Gold Inc said it has signed non-binding heads of terms with ACAM LP to establish a special purpose vehicle (SPV) and create a joint venture (JV) to explore and develop its strategic mineral assets for a combined contribution of £36.7 million (circa C$58.0 million). Subject to the negotiation of the final terms of the JV, ACAM will invest £18.0 million (circa C$28.5 million) in exchange for a 49% share of the SPV, with AEX holding the remaining 51%. “This JV will enable us to invest the capital required to bring these strategic mineral targets up the value curve towards future production and also enable us to explore the wider area to identify further non-precious strategic mineral assets,” said Eldur Olafsson, CEO of AEX Gold. “The investment AEX has made in its management team, camp, infrastructure, logistics support and local relationships gives us the ability to deliver on this exciting, ambitious and high potential value work programme.”
Kodiak Copper Corp has told investors that this year's exploration program at its MPD copper-gold project in British Columbia is "progressing well" and drill results will begin to be reported in late June. Drilling of up to 25,000 metres (m) is on schedule and as of June 8, the firm said 11 holes for 7,065m had been completed. Notably, this year's holes at the Gate Zone have hit prospective, porphyritic host rock between Gate and the historic Prime Zone to the north, and to 875m depth at the south end. Gate remains open in multiple directions and Kodiak aims to extend the zone with further drilling this year. In addition, a new 3D IP geophysical survey is underway covering 7.5 square kilometres (sq km) southward from the Gate Zone to the Man and Dillard target areas.
Boosh Plant-Based Brands Inc said it has completed the audit of Beanfields Inc, the bean-based chip brand that Boosh acquired in February 2022. “Beautiful Beanfields Inc is now officially in our family of Brands,” Boosh said in a statement. Beanfields produces and sells a healthy, gluten-free, non-GMO, vegan, top eight allergen-free flavored bean-based chip. The portfolio includes a broad offering of nine flavors, including Black Bean, Sour Cream and Onion, Fiery Hot and Nacho flavors.
Copland Road Capital Corporation, formerly Nabis Holdings, a Canadian investment issuer, has announced the appointment of Joanna Groszek as its chief financial officer, effectively immediately. The company noted that Groszek has over 20 years of experience in senior financial leadership positions. Most recently, she held the position of group chief financial officer at Ogilvy Canada/John St. She is a CGA/CPA and holds a Bachelor of Commerce degree from McMaster University. It noted that Groszek replaces Nicole Rusaw who has resigned as its chief financial officer. The company said it would like to thank Rusaw for her contributions to the company.
Fireweed Zinc Ltd has provided the results of its Annual and Special Meeting of Shareholders which was held on May 25, 2022, and announced that Fireweed shares are now eligible for electronic clearing and settlement with the Depository Trust Company (DTC) for trading in the USA. The company believes that being DTC eligible will simplify and make trading in its common shares on the OTCQB Venture Market more accessible to the US investment community with accelerated settlement periods and expected reduction in costs for investors and brokers. DTC eligibility compliments Fireweed's OTCQB Venture Market listing in the USA. At the Annual and Special Meeting of shareholders, 25,038,453 shares were voted and the Company received majority shareholder approval for the following: 1. Re-elected the incumbent six directors for the ensuing year; 2. Approved by special resolution to change the name of the company to "Fireweed Metals Corp." or such other name as the board of directors determines from time to time and which may be approved by the TSX Venture Exchange and Yukon Registrar of Companies.; 3.To appoint Davidson & Company, LLP, as auditors of the company for the ensuing year; and 4. To ratify, confirm and approve the Company's updated 10% rolling stock option plan as required under amended TSV Venture Exchange Policy 4.4.
Tiziana Life Sciences Ltd said it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the company's executive chairman has a beneficial interest, purchased 50,000 common shares at $0.88 per share. The acquisition takes Cerrone's interests from 37.60% to 37.64%.
Vox Royalty Corp said the TSX Venture Exchange has accepted for filing documentation pertaining to a sale and purchase agreement dated April 26, 2022, as amended and restated on June 7, 2022, between the company and an arm's-length party, Terrace Gold Pty. Ltd., a subsidiary of Nuheara Ltd. Under the agreement, the company will acquire Terrace's rights and interests in an agreement with Lumina Copper S.A.C., which includes the right to receive a 0.5% net smelter return (NSR) royalty on the El Molino property, a property located in Peru. As consideration for the acquisition, the company will issue the vendor 17,959 common shares of the company. Further, the company will have to make a subsequent payment of US$450,000 in cash following the registration of the property's royalty rights on the applicable mining title in Peru and the satisfaction of other customary completion conditions.
Nova Royalty Corp said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on May 24, 2022, which saw the issue of debentures for $1.5 million convertible into shares at $2.74342 with a maturity date of October 7, 2024, and an Interest rate of 8% per annum, plus a standby rate of 1.5% per annum on undrawn amounts with one placee.
Arrow Exploration Corp has announced the issuance of a total of 2,300,000 stock options under its stock option plan to certain directors and senior management of the company. The options issued have an exercise price of C$0.28, the closing market price of the company's common shares trading on the TSX Venture Exchange on June 9, 2022. The options vest in thirds, with one-third vesting upon each of the first, second and third anniversaries of issuance, and expire on 6 months after vesting. The grant of the options is subject to regulatory approval. Following the issuance of these options, the company shall have a total of 15,845,000 options issued under the plan. Arrow also announced that materials related toits Annual and Special Meeting of Shareholders have been filed, fulfilling all related regulatory requirements, and will be mailed no later than June 17, 2022, to shareholders of record as at June 9, 2022. The materials are also available on SEDAR at www.sedar.com and the company's website at www.arrowexploration.ca.
Zoglo's Incredible Food Corp held its annual general meeting of shareholders on Thursday, June 9, 2022, however, due to issues with the audit process which have delayed the completion and delivery of the consolidated audited financial statements for the years ended December 31, 2021, and 2020, it adjourned the meeting to Thursday, June 23, 2022, at 2.00pm EDT at the same location (8965 Woodbine Avenue, Markham, Ontario). In order to afford shareholders the opportunity to review the company's financial statements prior to the meeting, all business will be conducted at the adjourned meeting and the financial statements will be filed on SEDAR prior to the date for the adjourned meeting and a copy will be mailed to shareholders who have requested them.
First Mining Gold Corp has announced the voting results from its annual general meeting of shareholders held in Vancouver on June 9, 2022. A total of 243,005,171 common shares of First Mining were represented at the 2022 AGM, representing 34.16% of the company's outstanding common shares as of the record date of April 25, 2022. Shareholders voted in favour of all matters brought before the meeting. All five director nominees listed in the company's management information circular dated April 29, 2022, were overwhelmingly elected.
Mednow Inc has announced that it will be presenting at Gravitas Securities Inc's 3rd Los Angeles Summit, which will be taking place at the Beverly Hills Hotel from June 21 to June 24, 2022, in Beverly Hills, California. Mednow will be introducing its story to new potential investors and will be providing corporate updates to those who are familiar with the company. Gravitas' 3rd Los Angeles Summit will feature public and private companies across various industries that will be given the opportunity to present to a highly selective audience of venture capital, family office, and institutional investors attending from Canada, the United States, and abroad. For additional details about the conference and Gravitas, interested parties can visit: www.gravitassecurities.com
American Eagle Gold Corp, Metal Energy Corp, and QC Copper and Gold Inc have all said they will be featured at Ore Day, which will be broadcast today June 10, 2022, at 9.00am ET at www.oreday.com. Ore Day is a conference hosted by the Ore Group of Companies who focus on gold, copper, nickel, and uranium development projects.
MamaMancini's Holdings Inc has said it will release financial results for the first quarter ended April 30, 2022, before the market open on Wednesday, June 15, 2022. Management will host an investor conference call at 8.30am Eastern time on Wednesday, June 15, 2022, to discuss the first quarter fiscal 2023 financial results, provide a corporate update, and conclude with a Q&A from participants. Dial-in details: US 1-844-889-4326; International 1-412-317-9264; Conference ID:6763386; Webcast https://event.choruscall.com/mediaframe/webcast.html?webcastid=nRgeAaeo. A telephone playback of the call will be available through June 22, 2022. To listen, call 1-877-344-7529 within the United States or 1-412-317-0088 when calling internationally and use the replay pin number 6763386.